Business, 31.10.2019 02:31, jj1077348

Chavez s. a. chavez s. a., a venezuelan company, wishes to borrow $7 comma 750 comma 000 for eight weeks. a rate of 6.22% per annum is quoted by potential lenders in new york, great britain, and switzerland using, respectively, international, british, and the swiss-eurobond definitions of interest (day count conventions). although all three currency markets assume a 360-day year for interest rate calculations, the u. s. and british markets use the exact number of days in the period in question, 56 days in this case, while the swiss market assumes a standardized 30-day month. from which source should chavez borrow?

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Chavez s. a. chavez s. a., a venezuelan company, wishes to borrow $7 comma 750 comma 000 for eight w...